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$16M Verdict Follows Mechanical Bull Injury at Bar
Inside This Article: A couple was recently awarded $16 million after suing a Kansas City bar where the man allegedly fell from a mechanical bull.  Before the trial, the couple sought $8 million to settle the case, while the defendants offered $2.2 million, according to Missouri Lawyers Media. Commercial General Liability (CGL) Insurance can cover customer injury claims; however,
Med Spa Hit With $25,000 Penalty Over Unauthorized Drugs
Inside This Article: An Ohio med spa was fined $25,000 after investigators found unauthorized prescription drug orders and other violations. A patient lost consciousness after using a drug provided by one of the med spa’s owners, according to the state investigation. Medical Malpractice Insurance and Commercial General Liability (CGL) Insurance can address different aspects of med spa risks. As
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Scenario 1:Â An architecture firm is named in a lawsuit over a design error. RELATED STAT: A multi-million-dollar loss is possible, depending on the size of the project and the impact of the error. SOLUTION: Architects & Engineers Professional Liability Insurance and Excess Liability Insurance can help pay for rectification, legal defense, settlements, and more. Learn more Scenario 2:Â …
Inside This Article: A Florida gas station is facing a lawsuit after a customer allegedly tripped in a pothole near a gas pump. The suit claims the property owners failed to warn customers of the pothole, which reportedly blended in with the surrounding pavement and created a concealed hazard. Commercial General Liability (CGL) Insurance can respond to third-party bodily injury claims related to slip-and-fall accidents. …
Inside This Article: A recent Stanford and Harvard study found that medical AI systems generated severe clinical errors in a significant percentage of patient cases. Many healthcare professionals are using AI tools on the job, with one recent survey finding that almost half of nurses use generative AI at work. These reports point to an evolving risk landscape for…
Key Takeaways  Flooding is the most common and costly natural disaster in the United States, with an estimated 83% of flood losses uninsured. Recurring NFIP disruptions create operational challenges and reinforce the need to evaluate private Flood Insurance alternatives. Private market capacity across Primary and Excess Flood Insurance has expanded, offering higher limits and greater structural flexibility. Parametric Flood solutions provide liquidity tied…
Inside This Article: Federal regulators are claiming that former Lottery.com Inc. executives misled investors by falsely inflating revenues, according to reports. The Securities and Exchange Commission lawsuit follows guilty pleas by two former executives reportedly involved in a fraudulent $30 million financing deal, Bloomberg Law reported. Directors & Officers (D&O) Insurance can respond to these types of allegations, though coverage may depend on…
Inside This Article: Cyberattacks that target logistics companies are expected to double in 2026 after rising nearly 1000% since 2021, according to research by Everstream Analytics. Hackers are increasingly targeting shared transportation networks rather than individual trucking companies, the new data indicates. When a logistics firm faces a cyber incident, Cyber & Privacy Liability Insurance policies can provide immediate data breach response services. Coverage can also extend to…
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